Posted Sep 13 2021 16:00 UTC | Poll ID 627

Ratification Poll for StarkNet Engineering Core Unit, SNE-001 - September 13, 2021

Ratification Poll
MIP
Budget
Core Unit Onboarding
Forum Discussion

The Governance Facilitators have placed a ratification poll into the voting system as part of the responsibilities defined in MIP51. This Governance Poll will be active for fourteen days beginning on Monday, September 13 at 16:00 UTC.

This is a binary vote.

  • You may vote for a single option.
  • You should vote for the option which you prefer.
  • If you would accept either option, you should vote 'Abstain'.

Review

The community may vote in this poll to express support or opposition to Add StarkNet Engineering Core Unit, SNE-001 being accepted and implemented in the Maker Protocol.

StarkNet Engineering Core Unit - Mandate

A brief summary of this proposal has been provided by the MIP Author and is shown below:

This proposal is a plan to build a DAI bridge over Starknet within 3 months (phase I). A detailed plan and budget to enable minting DAI (phase II) will be the subject of another proposal and governance vote.

Please review the links below to inform your position on this proposal before voting.

Add Core Unit Budget, SNE-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

This budget is for the StarkNet Engineering Core Unit to be able to succeed in its mandate, specifically; to build a bridge to StarkNet that is upgradeable through governance.

Please review the links below to inform your position on this proposal before voting.

Facilitator Onboarding, SNE-001

A brief summary of this proposal has been provided by the MIP Author and is shown below:

I have a genuine interest and respect for the Maker protocol and deFi in general. The decentralization of the financial system is a topic I have been passionate about since 2009. In 2011 I wrote two master’s theses on the subprimes crisis and the lack of transparency in transactions and packaging of structured debt products. I am (strangely) passionate about risk management and debt products. I started my career doing valuation of high yield debt portfolios in traditional finance, then built debt models for project finance, then built a risk management company for crypto assets, then built a lending product with a crypto custodian.

Please review the links below to inform your position on this proposal before voting.

Outcomes

This poll implements a Minimum Positive Participation value. The Minimum Positive Participation is currently set to 10,000 MKR.

If the votes for the 'Yes' option exceed the votes for the 'No' option AND the votes for the 'Yes' option exceed 10,000 MKR, then the following actions will be taken:

  • The MIP Editors will mark these proposals Accepted and the Governance Facilitators will confirm their passage on the Governance and Risk call on Thursday, September 30.
  • Any further work required to implement these proposals will be tasked to the relevant Core Units.

Otherwise, this proposal will be marked as rejected per MIP51.


Resources

MIP51: Monthly Governance Cycle describes this type of poll and its position and significance within the rest of the governance cycle.

If you are new to voting in the Maker Protocol, please see the voting guide to learn how voting works, and this wallet setup guide to set up your wallet to vote.

Additional information about the Governance process can be found in the Governance section of the MakerDAO community portal.

To participate in future Governance calls, please join us every Thursday at 17:00 UTC.

To add current and upcoming votes to your calendar, please see the MakerDAO Public Events Calendar.

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